Relationship marketing and its impact on customer trust and satisfaction in the oil and gas sector in the Indian context
Milind Laxman Herode
In India, the oil and gas industry is important for both economic expansion and energy security. However, due to fuel prices, environmental ideas, quality of inconsistent service and transfer of regulatory functions, consumers' confidence and joy are extremely difficult to preserve. Relationship Marketing (RM) has become a strategic method for long-term consumer participation, loyalty, and trust in this heavily regulated and competitive industry. To strengthen confidence and good luck for consumers in the Indian oil and gas industry, this research examines the role of RM methods, such as adapted communication, loyalty program, digital customer participation, and transparency in the company. This study evaluates the effectiveness of RM methods by combining the industry's report, customer satisfaction survey, and information from the marketing structure using a secondary data analysis technique. A customer-centered strategy affected by technological innovations such as digital platforms and Customer Relationship Management (CRM) technologies increases consumers' confidence, reduces dissatisfaction with service, and cultivates permanent brand loyalty. Increased openness, integration of active customer service and stability efforts, RM also helps to create an intimate bond with customers.
The task emphasizes how RM affects competitive status, corporate stability, and sector policy formation. Companies can stand out in total service distribution, low customer attention, and the market using RM techniques. This study provides practical information for politicians, and encourages them to support consumer-friendly policies that promote happiness and trust. RM is an important factor in creating a permanent and customer-focused oil and gas industry in India.
Milind Laxman Herode. Relationship marketing and its impact on customer trust and satisfaction in the oil and gas sector in the Indian context. Int J Res Marketing Manage Sales 2025;7(1):248-252. DOI: 10.33545/26633329.2025.v7.i1c.232